Daily Market Analysis 10.06.2022: US100

Instrument: US100

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 12368.33 with take profit at 12401.65
Bearish Preference: 
Sell position is envisaged if price trades  below 12208.14 with take profit at 12173.88
1:30pm USD CPI m/m
USD Core CPI m/m

U.S. stocks sold off sharply Thursday as investor anxiety heightened ahead of data on Friday that is expected to show consumer prices remained elevated in May.

Analysis: SCRUM Team

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